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Become an Algo Vendor Partner

Partner with Algo: Take control of your funding process!

Partner with Algo – Save time and money while helping your customers receive the financing they deserve.

Algo’s Request for Proposal (RFP) management software lifts the Veil by allowing you to keep track of all your customers finance requests on one screen, in real time...

Get started today-It’s easy! Just fill out the contact form below and an Algo representative will contact you to discuss how we can customize a program to meet your funding needs.

Vendor Program Benefits

Deliver flexible financing solutions to your clients as a Vendor Partner

Summary of our Loan Products

Check out the range of Algo Capital products you can offer and the necessary Requirement and Documentation..

Equipment Leasing

MIN-MAX  $ AMOUNT $5,000-$500,000 app only
MIN-MAX  TERM 12-120 Months
CREDIT SCORE  MINIMUM 620
ANNUAL REVENUE  REQUIRED None
REQUIRED TIME IN  BUSINESS 1 Year
COST OF CAPITAL Low/Medium
TIME TO APPROVE 1-3 Days typically
   

DOCUMENTS REQUIRED

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  • Loan Application
  • 3 months bank statements
  • Vendor Invoice/Quote

Merchant Cash Advance

MIN-MAX  $ AMOUNT $20,000-$5,000,000
MIN-MAX  TERM 3-24 months
CREDIT SCORE MINIMUM None
ANNUAL REVENUE  REQUIRED $150,000
REQUIRED TIME IN  BUSINESS 4 months
COST OF CAPITAL Medium/High
TIME TO APPROVE 24 Hours (Same day funding)
   

DOCUMENTS REQUIRED

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  • Loan Application
  • 3-6 months bank statements
  • 3-6 months of credit card processing statements (if applicable)

Business Line of Credit

MIN-MAX  $ AMOUNT $100,000-$10,000,000
MIN-MAX  TERM 12-48 months
CREDIT SCORE  MINIMUM None
ANNUAL REVENUE  REQUIRED $250,000
REQUIRED TIME IN  BUSINESS 2 Years
COST OF CAPITAL Low/Medium
TIME TO APPROVE 24 Hours
   
DOCUMENTS REQUIRED
  • Loan Application
  • P&L & Balance Sheet
  • 3-6 months Bank Statements
  • Sample Invoices
  • AP & AR

Merchant Cash Advance

MIN-MAX  $ AMOUNT$50,000-$10,000,000
MIN-MAX  TERM3-12 months
CREDIT SCORE  MINIMUMNone
ANNUAL REVENUE  REQUIRED$500,000
REQUIRED TIME IN  BUSINESS4 Months
COST OF CAPITALMedium/High
TIME TO APPROVE24 Hours
  

DOCUMENTS REQUIRED

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  • Loan Application
  • 3-6 months bank statements
  • P&L & Balance Sheet

Hard Money Real Estate Loan

MIN-MAX  $ AMOUNT $2,000-$500,000 App Only
MIN-MAX  TERM 3-84 months
CREDIT SCORE  MINIMUM 620
ANNUAL REVENUE  REQUIRED None
REQUIRED TIME IN  BUSINESS 3 months
COST OF CAPITAL Low/Medium
TIME TO APPROVE 1-3 Days typically
   

DOCUMENTS REQUIRED

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  • Loan Application
  • 3 months bank statements
  • Vendor Invoice/Quote

Commercial Mortgage

MIN-MAX  $ AMOUNT $100,000-$20,000,000
MIN-MAX  TERM 12-48 months
CREDIT SCORE  MINIMUM None
ANNUAL REVENUE  REQUIRED None
REQUIRED TIME IN  BUSINESS 1 Year
COST OF CAPITAL Low/Medium
TIME TO APPROVE 24 Hours
   

DOCUMENTS REQUIRED

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  • Loan Application
  • Accounts Receivable Detail Aging
  • Customer List
  • Sample Invoice/Purchase Order
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